NI Commercial is a real estate services and consulting firm that represents owners, investors and tenants who want to buy, sell or lease commercial real estate.
PROPERTIES
3625 1ST AVE S SEATTLE, WA 98134
Opportunity Zone Property - Market Center LLC is a one of a kind redevelopment/renovation/landbank with business in place opportunity. Cold Storage facility in full operation worth in $2-$3M range.The property was built by the Army Corp of Engineers in 1943 as a cold storage facility. Improved over the years, the net rentable area of the 3 buildings is 67,173 sf with the main building representing approximately 65,000 sf of that total. Floor to ceiling height is 14-16' and the main building is approximately 26' tall. The 4.59 acre site is zoned IG1 U85, allowing for many industrial/commercial uses to a height of 85". The close in industrial site is prime for redevelopment and presents a unique opportunity to renovate existing structures or redevelop.Seattle's industrial market is one of the most active in the country, thanks to a bustling economy and one of the largest ports on the west coast. Subsequently, the most active submarkets for development are in proximity to the ports and Seattle. Despite a busy delivery schedule recently and an onslaught of move outs in early 2019, vacancies are still lower than last cycle's trough and rent growth is well above the historical average. Investment activity has been strong. Cap rates are well below the national average and have compressed significantly this cycle.
14708-14714 PACIFIC AVE S TACOMA, WA 98444
Investment property, Midas anchored with additional parcel (build to suit opportunity) worth about $225k. Vacant parcel is 19,626 sf with frontage on Pacific Ave. Parcel with buildings value is $1,900,000 and based on NOI represents a 6.3% cap rate. Solid long tern tenants with over 5% annual increases in rent. Parcel to North is New Advanced Auto Retail Store.
10809 MUKILTEO SPEEDWAY MUKILTEO, WA 98275
Solid investment property or possible Owner/User on high visibility high traffic Mukilteo Speedway. Building in excellent shape with parking for 68 cars.
919 SW 150TH ST BURIEN, WA 98166
Great basic office space blocks to Downtown Burien and Town Square. Easy access Ambaum, North and South highways, and close to SeaTac Airport. Secure parking available.
457 SW 152ND ST BURIEN, WA 98166
Perfectly located in the center of New Burien across from Town Square. The wide open CORNER space with lots of natural light and windows can either be a retail or office space.
5 minutes from SeaTac Airport
95 Point Walking Score
12 minutes to Seattle
30 minutes to Tacoma/Bellevue
112 SW 157TH ST BURIEN, WA 98166
Former financial services office, beautifully built out close to Downtown Burien, freeways, SeaTac Airport, and 15 minutes to Downtown Seattle. Abundant natural light and open reception with private offices, conference room, kitchen, and plenty of parking.
15520 6TH AVE SW, BURIEN WA 98166
The 15220 Professional Services property is perfectly located for office/service related tenants who want to be in the center of the new Burien. The single story stand alone building, has plenty of private offices, open reception, conference rooms, kitchen area and storage plus parking. The properties attributes include: • 5 minutes from SeaTac Airport • 95 Point walking Score • 12 minutes to Seattle • 30 minutes to Tacoma/Bellevue Burien is one of the 25 Regional Growth Centers the Puget Sound Regional Council designated and will experience focused urban growth in the decades ahead. Burien’s downtown serves a large segment of the S King County population. Burien is noted for boutique retail, professional personal services and a large number of ethnic restaurants attracting diners from near and far.
Downtown Burien Location
95% Walking Score
Stand Alone Property with Parking
SERVICES
TENANT REPRESENTATION
Find the right space for your business
Itʻs more than just space for your office, retail, or industrial requirements. Itʻs your business. Leasing the right space in the right location can elevate your brand, streamline your operations, attract leading talent, and make an meaningful impact on your bottom line.
A least also represents a significant commitment of time and financial resources. We partner with you to ensure your lease is not just a line item - itʻs a competitive advantage. WE do this by bringing together our specialized market knowledge with a deep understanding of your business strategy to achieve your goals.
OWNER REPRESENTATION
Owner Representation
Every property has a story - a unique combination of history and strengths that a property owner or landlord can leverage to maximize a buildingʻs value.
Our Owner Representative Services can help you unlock your buildingʻs potential by first developing a deep understanding of your property and delivering expertise on the market and the marketing techniques that will showcase your propertyʻs best qualities. We will postion your property in a way that attracts and secures the right tenant or buyer for you - all while helping you avoid the common pitfalls of leasing and sales process.
REAL ESTATE MANAGEMENT SERVICES
Optimize your Property Management
Ongoing management services to protect and enhance your investment. Professional management of your commercial real estate requires skillful stewardship of the physical space, tenant relationships, and your reputation in the marketplace. Through our Management Services, NI Commercial works with you help realize the maximum potential of commercial real estate investment.
By partnering with NI Commercial, you will have the attention of best-in-class advisors who will manage the ever changing needs of your property to maximize vale and tenant retention, and freeing you up to focus on your business.
REAL ESTATE ADVISORY SERVICES
What help do you need?
Building valuation opinion - Arriving at an opinion of a propertyʻs value is a complex and disciplined process that can significantly impact your business.
Market Research - Relying on high quality data sources will hep ensure that your commercial real estate market analysis is reliably informed. No matter what market, or what size market youʻre working within, the necessary research can often be done in similar ways-just perhaps with different sources.
Property Positioning - Positioning is actually a deliberate marketing message and something that can be understood by the clients and the customers in your local area. The message conveyed in this way should be niche specific and location based.
OUR COMPANY
A strategic view – and tactical expertise
NI Commercial is a full service real estate consulting and services firm that represents owners, investors, and tenants who want to buy, sell or lease commercial real estate.
Headed by Norm Ives, a 25 year veteran of the commercial real estate industry, we are skilled advisors in helping you navigate this complex world of transactions and operations. NI Commerical provides strategic planning, execution services, and ongoing management support to help you add value to your portfolio, acquire, or sell a property or lease space.
Working with our network of trusted business partners, we customize a process to fit your needs and follow through with consistent personalized service.
NI Commercial helps a charitable organization ensure its future
The Fraternal Order of Eagles (F.O.E.), one of America’s most venerable fraternal organizations, made the decision to sell its historic building in South Seattle. The Eagles engaged NI Commercial to assist in the sale of the building, as well as the acquisition of a new one.
NI Commercial packaged and marketed the Eagles property, obtained multiple bids and sold it above asking price. Subsequently, We identified an ideal new home for the organization within Seattle and advised the Eagles during the purchase process. The real benefit? NI Commercial’s guidance helped the Eagles retain $1M in profit from the proceeds, which the organization will use to continue its work into the future.
“Norm Ives did a great job listening to us and helping the Eagles through the real estate process, from planning the sale of our headquarters, to providing ongoing support after our move into the new building.”
- M.E., Fraternal Order of Eagles
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